Intelligent Group Limited (NASDAQ:INTJ) Sees Significant Decline in Short Interest

Intelligent Group Limited (NASDAQ:INTJ) was the recipient of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 2,429 shares, a decrease of 46.8% from the February 26th total of 4,568 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 5,083 shares, the short-interest ratio is presently 0.5 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Intelligent Group in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Intelligent Group has an average rating of “Sell”.

Intelligent Group Trading Down 2.6%

Shares of NASDAQ:INTJ opened at $7.99 on Friday. Intelligent Group has a 12 month low of $5.80 and a 12 month high of $33.99. The firm’s 50-day moving average is $7.21 and its 200 day moving average is $9.61.

Institutional Trading of Intelligent Group

An institutional investor recently bought a new position in Intelligent Group stock. XTX Topco Ltd purchased a new stake in Intelligent Group Limited (NASDAQ:INTJ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 124,128 shares of the company’s stock, valued at approximately $74,000. XTX Topco Ltd owned approximately 0.95% of Intelligent Group as of its most recent filing with the SEC.

Intelligent Group Company Profile

Intelligent Group Limited, through its subsidiaries, provides financial public relations services in the Hong Kong. The company offers financial PR services, such as creating multi-stakeholder communications programs, arranging press conferences and interviews, participating in the preparation of news releases and shareholders' meetings, monitoring news publications, identifying shareholders, targeting potential investors, organizing corporate events, and implementing crisis management policies and procedures.